GDP / Output
+5.6% YoY
78
$58.3B
Output changed +5.6% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
25
6.4%
Unemployment is 6.4% for April 2026.
Vintage date unknown
State avg4.6%
U.S. avg4.3%
Population
-1.6% 5-year
41
1,404,779
Population moved -1.6% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
50
35.9%
Median rent consumes 35.9% of median household income: Strained.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Strained
Housing Affordability
35.9%
of median income
1BR estimate$1,196
2BR estimate$1,575
Median income$48,676
Median home value$529,500
ACS context
Quick Facts
Population
1,404,779
Median age
36.0
Bachelor's degree+
22.4%
Poverty rate
27.8%
Labor force participation
58.1%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.3%
GDP CAGR
+4.5%
Federal flow
N/A
Population (5 years)
20201,427,056
20211,468,262
20221,443,229
20231,419,250
20241,404,779
GDP (5 years)
2020$46.7B
2021$48.8B
2022$51.5B
2023$55.2B
2024$58.3B
2-year linear forecast
Predictive Outlook
Population forecast
20241,404,779
20251,404,445 *
20261,395,089 *
R² = 37.0% · * projected
GDP forecast
2024$58.3B
2025$61.0B *
2026$64.0B *
R² = 99.1% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$48,676/yr
Median rent$1,458/mo
Rent share of income35.9%
Est. mortgage (30yr, 6.5%)$32,129/yr
Mortgage share of income66.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.4%
State avg4.6%
U.S. avg4.3%
Labor force participation58.1%
Poverty rate27.8%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$529,500
Median monthly rent$1,458
Price-to-rent ratio30.3x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth78/100
Labor market25/100
Population momentum41/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.